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Day Traders Diary

5/16/24

The major averages are closing where they started after a surge in the averages on Wednesday with the S&P 500 closing at a record high above 5300. The Dow Jones Industrial Average is modestly higher by 10 points. The S&P 500 is down 6 points while the Nasdaq is down... Read More

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Diamonds and Dogs

5/16/24

Shares of Walmart are surging 5% as the big-box retailer reported adjusted first-quarter earnings of 60 cents per share, topping expectations. Revenue rose to $161.5 billion, beating the $159.5 billion consensus estimate. Walmart said it made big gains in e-commerce and won over more high-income shoppers during the quarter.  were... Read More

5/14/24

Tesla (TSLA) is up 3% today after rally 2% yesterday as President Biden is creating new tariffs on Chinese imports that will raise duties on $18 billion in Chinese imports. The new duties on EVs from companies like BYD (BYDDY), Geely (GELYF), and NIO (span... Read More

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